Easy As 1-2-3

At first, buying your home and the mortgage process may seem scary. It’s our goal to make this experience as wonderful and easy for you as possible. So where to begin? Start by gathering the documents on our Purchase Checklist, then follow the three steps below.

Step 1: Prepare

Visit home and real estate websites (such as Zillow.com) to research the cost of homes in areas where you want to live. It will give you an idea of the cost of they type of house you're looking for. Use this info to play with our purchase calculators to get an idea of your monthly payment.

Get your savings ready. You’ll need at least 3 months of payments, called "reserves" saved up in addition to your down payment, before applying.

Look over mortgage rates to see the type, term and rate that are best for your budget.

Gather all the documents needed to apply.

Step 2: Apply

Now that you've gathered what you need, it’s time to take the plunge! Feeling confident? Apply for a mortgage online. Need guidance through the application process? Call or email Sun Federal to schedule time with a loan officer at any of our branches. We’re ready to help you through it all!

Once your application is submitted, there will be underwriting of the property and your loan application information. With this step, you’ll also find out if there is any information or additional documentation needed.

Step 3: Closing

"Closing" refers to that glorious day when the property becomes yours. It’s the process where ownership is transferred from one person to another. You’re ready to sign the loan documents, send them to escrow, and start packing!

Sun Federal Credit Union is committed to providing a website that is accessible to the widest possible audience in accordance with ADA standards and guidelines. We are actively working to increase accessibility and usability of our website to everyone. If you are using a screen reader or other auxiliary aid and are having problems using this website, please contact us at 800.786.0945. All products and services available on this website are available at all Sun Federal Credit Union branches.